Manchester, New Hampshire Rental Market Trends

Disclaimer:

Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Manchester, New Hampshire rental market.

Manchester, New Hampshire

Average Apartment Rent

$2,070

Y-o-Y Change in Average
Apartment Rent

1.8%

As of May 2026

Compared to a year ago, Manchester, New Hampshire apartments have recorded a 1.8% rent increase.

Manchester, New Hampshire Average apartment rent trend

Median Rent Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024 Mar 2025 Jul 2025 Nov 2025 Mar 2026
Manchester $1,892 $1,900 $1,901 $1,974 $1,988 $1,995 $2,041 $2,038 $2,053
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
Manchester
National
Jul 2023
$1,892
$1,741
Nov 2023
$1,900
$1,732
Mar 2024
$1,901
$1,736
Jul 2024
$1,974
$1,756
Nov 2024
$1,988
$1,749
Mar 2025
$1,995
$1,755
Jul 2025
$2,041
$1,767
Nov 2025
$2,038
$1,753
Mar 2026
$2,053
$1,750

Manchester, New Hampshire Average Apartment Rent

Manchester, New Hampshire Apartment rent ranges

Under $1,000
$1,001 - $1,500
$1,501 - $2,000
$2,001 - $2,500
$2,501 - $3,000
Over $3,000

At 46.54%, apartments priced $2,000 - $2,500 represent the bulk of Manchester, New Hampshire rentals, while condos priced Under $1,000 hold the lowest share of the market – 0.18%.

Manchester, New Hampshire Housing tenure**

Renter occupied housing units 25,076
Owner occupied housing units 23,333

Renters take up 52% of Manchester, New Hampshire real estate, occupying a total of 25,076 units, while homeowners live in 23,333 properties.

Median number of rooms of renter-occupied housing units**

4.1

Renter median household income**

$53,643

Average household size of renter-occupied housing units**

2.22

Rental vacancy rate**

3.7%

Manchester, New Hampshire Renter-occupied housing units by no. of bedrooms**

No bedrooms 703
1 bed 7,383
2 beds 10,925
3 beds 4,710
4 beds 1,061
5 or more beds 294

There are 10,925 rentals in Manchester, New Hampshire with 2 beds making up the highest share of the market, at 44%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 294 units. Overall, the median number of rooms in Manchester, New Hampshire homes for rent is 4.1.

Manchester, New Hampshire Renter-occupied units by age of householder**

15 - 24 years 2,142
25 - 34 years 6,551
35 - 44 years 4,849
45 - 54 years 3,869
55 - 59 years 2,269
60 - 64 years 1,727
65 - 74 years 1,959
75 - 84 years 1,368
85 years and over 342

Most condos for rent in Manchester, New Hampshire are occupied by residents in the 25 - 34 years age group (26%), followed by those in the 35 - 44 years age group (19%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 1%.

Manchester, New Hampshire Renter-occupied housing units by family type**

Family households 11,071
Non-Family Households 14,005

Manchester, New Hampshire Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 6,408
No related children of the householder under 18 18,668

A total of 11,071 apartments for rent in Manchester, New Hampshire, or 44% of all rentals are family households. Additionally, 26% of rental homes include children under the age of 18 – that’s 6,408 units. All in all, the median size of a renter-occupied household in Manchester, New Hampshire is 2.22.

Manchester, New Hampshire Renter-occupied housing units by educational attainment**

Less than high school graduate 2,967
High school graduate (including equivalency) 7,056
Some college or associate's degree 8,029
Bachelor's degree or higher 7,024

In terms of education, renters holding bachelor degrees or higher make up 28% of the rental market. In contrast, residents with less than a high school degree reside in 12% of the homes for rent in Manchester, New Hampshire.

Manchester, New Hampshire Renter-occupied units by year structure built**

Built 2010 - 2019 872
Built 2000 - 2009 1,542
Built 1990 - 1999 2,230
Built 1980 - 1989 3,973
Built 1970 - 1979 3,580
Built 1960 - 1969 1,559
Built 1950 - 1959 1,493
Built 1940 - 1949 1,969
Built 1939 or earlier 7,822

The highest share of Manchester, New Hampshire apartment rentals, namely 31% or 7,822 units, were Built 1939 or earlier, followed by those Built 1980 - 1989 (16%, 3,973 units), and the ones Built 1970 - 1979 (14%, 3,580 units).

Manchester, New Hampshire Renter-occupied units by year householder moved in**

Moved in 2021 or later 1,410
Moved in 2018 to 2020 9,837
Moved in 2010 to 2017 10,472
Moved in 2000 to 2009 2,325
Moved in 1990 to 1999 654
Moved in 1989 or earlier 378

Median year renter moved into unit 2017

Most Manchester, New Hampshire renters (42%) moved in 2010 to 2017, while only 2% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Manchester, New Hampshire condos for rent is 2017.

Manchester, New Hampshire Renter-occupied housing units by vehicles available**

No vehicle available 3,004
1 vehicle available 12,126
2 vehicles available 8,333
3 vehicles available 1,279
4 or more vehicles available 334

When it comes to transportation options, 48% of Manchester, New Hampshire renters have 1 vehicle available per household, 33% of them have 2 vehicles available, and 12% have No vehicle available.

Manchester, New Hampshire Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 22,644
Car, truck, or van - carpooled 3,832
Walked 1,346
Taxicab, motorcycle, bicycle, or other means 589
Worked at home 2,775

Manchester, New Hampshire Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 41,801
Moved within same county 7,447
Moved from different county within same state 2,494
Moved from different state 2,427
Moved from abroad 939

The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Manchester, New Hampshire apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.

*Average single-family rent calculated from point2homes.com data.

**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates

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